With all eyes on the future of open banking, merchants, banks and payment providers are convinced that 

Higher loan rejections and limited traditional affordability checks are impacting Brits’ ability to access credit to help make ends meet, according to new research from Tink, the market leader in open banking.

Findings from a survey of 1,000 UK borrowers - those who hold either a mortgage or loan - suggest that a significant number of Brits today need to find a way to bridge the gap between income and expenditure each month.

The share of "mixed" P2P platforms accounts for 55% of the European market. While consumer lending and business are leading the way by segment, agricultural platforms are actively gaining traction. 

The segmental structure of the European P2P market has changed slightly from 2017 to the present, but the key roles have held their ground. 

Tradeweb Markets Inc., a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, and FTSE Russell, an LSEG business, today announced a strategic partnership to develop the next generation of fixed income index pricing and index trading products.

Bud Financial (Bud), a leading AI-powered data intelligence platform for the financial services and banking industry, announces its partnership with the student financial wellbeing platform Blackbullion.

Lyfeguard, the leading digital platform for comprehensive life planning, has partnered with Moneyhub, a data & intelligence platform, to deliver a 360-degree, real-time view of personal and financial information.

On September 29, 2023, the Inland Revenue Board Of Malaysia (IRBM) published that for businesses with an annual turnover of RM100 million and above, E-Invoicing will be  mandatory from June 1, 2024 and for all other businesses from January 1, 2027. This will apply to both  domestic and cross-border transactions. There will be two options for transmitting E-Invoices, on the one  hand, the supplier can create an E-Invoice and share it to IRBM via the MyInvois Portal, or on the other  hand the supplier can use an API (Application Programming Interface).

Engine B, a next-generation AI-driven professional services technology company, today announced it has created its first scalable Copilot, using the latest tools from Microsoft and the Azure OpenAI Service.

Only 14% of UK adults have taken advantage of bank switching deals before, according to new research from personal finance comparison site finder.com.